Corporate Logo(source: samsung.com)
Shares of Samsung Electronics (005930) climbed above 90,000 won in regular trading for the first time in four years and nine months on October 2, buoyed by news of its partnership with OpenAI to build global AI infrastructure alongside SK hynix.
As of 9:36 a.m., Samsung Electronics was trading at 90,000 won, up 4.65% from the previous session. While the stock briefly touched 91,000 won in NextTrade’s pre-market session on September 23, it had not surpassed the 90,000-won mark in regular trading since January 15, 2021, when it hit an intraday high of 91,800 won.
At the same time, shares of SK hynix (000660) surged to 399,000 won, putting them on the verge of breaking through the 400,000-won level for the first time in history.
The rally follows confirmation that Samsung Electronics and SK hynix will supply high-performance memory semiconductors for OpenAI’s “Stargate” project. The initiative, undertaken with SoftBank and Oracle, involves an investment of $500 billion over five years to build AI data centers across the United States. OpenAI projects wafer demand to reach up to 900,000 units per month—about double current production capacity.
In addition, SK Group plans to construct a large-scale data center with OpenAI in South Jeolla Province, while Samsung Electronics will build a similar facility in Pohang. Together, the projects represent a “Korean-style Stargate,” with dedicated OpenAI data centers in both the country’s southwest and southeast regions.
*[KOSPI]Samsung Electronics(005930) is the top company in the KOSPI, dominating the global market in semiconductors and smartphones. Its market capitalization is 409.65 trillion (as of Octorber 1, 2025, closing price).
Corporate Logo(source: samsung.com)
Shares of Samsung Electronics (005930) climbed above 90,000 won in regular trading for the first time in four years and nine months on October 2, buoyed by news of its partnership with OpenAI to build global AI infrastructure alongside SK hynix.
As of 9:36 a.m., Samsung Electronics was trading at 90,000 won, up 4.65% from the previous session. While the stock briefly touched 91,000 won in NextTrade’s pre-market session on September 23, it had not surpassed the 90,000-won mark in regular trading since January 15, 2021, when it hit an intraday high of 91,800 won.
At the same time, shares of SK hynix (000660) surged to 399,000 won, putting them on the verge of breaking through the 400,000-won level for the first time in history.
The rally follows confirmation that Samsung Electronics and SK hynix will supply high-performance memory semiconductors for OpenAI’s “Stargate” project. The initiative, undertaken with SoftBank and Oracle, involves an investment of $500 billion over five years to build AI data centers across the United States. OpenAI projects wafer demand to reach up to 900,000 units per month—about double current production capacity.
In addition, SK Group plans to construct a large-scale data center with OpenAI in South Jeolla Province, while Samsung Electronics will build a similar facility in Pohang. Together, the projects represent a “Korean-style Stargate,” with dedicated OpenAI data centers in both the country’s southwest and southeast regions.
*[KOSPI]Samsung Electronics(005930) is the top company in the KOSPI, dominating the global market in semiconductors and smartphones. Its market capitalization is 409.65 trillion (as of Octorber 1, 2025, closing price).